Worst House on the Street Logo
Hemdean Road, Caversham, Reading - Image 1
Hemdean Road, Caversham, Reading - Image 2
Hemdean Road, Caversham, Reading - Image 3
Hemdean Road, Caversham, Reading - Image 4
Hemdean Road, Caversham, Reading - Image 5
Hemdean Road, Caversham, Reading - Image 6
Hemdean Road, Caversham, Reading - Image 7
Hemdean Road, Caversham, Reading - Image 8
Hemdean Road, Caversham, Reading - Image 9
Hemdean Road, Caversham, Reading - Image 10
Hemdean Road, Caversham, Reading - Image 11
Hemdean Road, Caversham, Reading - Image 12
Hemdean Road, Caversham, Reading - Image 13
Hemdean Road, Caversham, Reading - Image 14
Hemdean Road, Caversham, Reading - Image 15
Hemdean Road, Caversham, Reading - Image 16
Hemdean Road, Caversham, Reading - Image 17
Hemdean Road, Caversham, Reading - Image 18
Hemdean Road, Caversham, Reading - Image 19

Hemdean Road, Caversham, Reading

South East

£550,000

Listed on 08/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1203 sqft

Description

This Victorian semi-detached property boasts three bedrooms and presents a promising opportunity for renovation and investment. It consists of a living room featuring original cornicing, a dining room with fitted cupboards, and a spacious kitchen that has the potential to be transformed into a modern culinary space. Upstairs, there are three bedrooms and a bathroom requiring updates. The west-facing garden, approximately 70ft in length, is mainly laid to lawn and could be enhanced for outdoor enjoyment. Located just minutes from Caversham centre and within walking distance to Reading mainline station, this property benefits from excellent local amenities including schools, shops, and recreational facilities along the Thames. With its advantageous location and renovation potential, this property is an ideal project for investors or those looking to create their dream home.

Investment Analysis

(RG4 area)

Below Market Value

This property is priced -2.5% below area average per sq ft

-2.5%
Potential saving
This Property
£457/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£347
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£620,562
10% above area average per sq ft
Potential ROI
+5.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (RG4)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -3.8%
5 year growth: +7.1%
Investment Disclaimer: Analysis based on RG4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hemdean Road, Caversham, Reading
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,078
Based on a loan of £412,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates